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9. A nine-year old bond has a yield of 10% and a duration of 7.194 years if the bonds yield changes by 50 basis points,
9. A nine-year old bond has a yield of 10% and a duration of 7.194 years if the bonds yield changes by 50 basis points, what is the percentage change in the bonds price?
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Value Investing
Authors: Mike Hartley
1st Edition
979-8864443309
